Sports Business

Big Ten football championship sells out, packs downtown hotels

December 5, 2013
Anthony Schoettle
The battle on Saturday between Ohio State and Michigan State, plus ESPN broadcasts and special events downtown, are expected to have a $15 million economic impact on Indy. That's a vast improvement over the 2012 championship.
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Former Colt Saturday seeks 'jock tax' refund from Cleveland

December 4, 2013
Mason King
Jeff Saturday has filed suit against the city of Cleveland, fighting a so-called "jock tax" that he contends unfairly dinged him during his playing days as an Indianapolis Colt.
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Sales of NBA floor space off to slow start

December 3, 2013
Bloomberg News
The Indiana Pacers were the first NBA team to jump on the opportunity to sell advertising on the court. So far, just two other teams have followed suit.
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Peyton Manning wears ankle brace designed by local entrepreneur

November 30, 2013
Anthony Schoettle
Rick Peters, founder of Carmel-based Ultra Athlete LLC—a small manufacturing firm with a reputation for state-of-the-art ankle braces—sent his latest brace to the Denver Broncos head trainer on a whim, and saw Manning wearing it three days later.
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Butler University's Danko seeks lasting gains from hoops glory

November 30, 2013
Sam Stall
The new president is seeking to build lasting gains from the school’s 15 minutes of hoops glory.
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Westfield gearing up for big hospitality play

November 30, 2013
Andrea Muirragui Davis
Westfield’s massive Grand Park Sports Campus doesn’t open until March, but city leaders already are focused on making sure the 1 million-plus visitors they expect next year want to come back.
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Mayor pushing plan to use city funds to upgrade Natatorium

November 27, 2013
Anthony Schoettle
Mayor Greg Ballard is proposing to pay about half of the $20 million needed to upgrade the Natatorium at IUPUI. The city's Capital Improvement Board is also considering setting aside tax revenue for operation expenses.
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Indianapolis lands 2016 Olympic diving trials

November 26, 2013
 IBJ Staff
The trials will take place at the Indiana University Natatorium at IUPUI. The facility is in need of millions of dollars in repairs, organizers say.
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City's new pro hockey team to be called Indy Fuel

November 26, 2013
 IBJ Staff
The Fuel said they are in the process of hiring front-office and coaching staff, signing an affiliation agreement with a NHL franchise, and recruiting players to fill the roster.
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Pro hockey returning to coliseum in 2014

November 25, 2013
 IBJ Staff
The Indiana State Fair Commission announced Monday that it signed a deal with Indiana Hockey Club LLC, an ECHL expansion franchise that will become an anchor tenant for the fairgrounds’ newly renovated coliseum.
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Pacers hire Disney to help upgrade service

November 23, 2013
Anthony Schoettle
The Indiana Pacers recently entered a long-term contract with Walt Disney Co.’s Disney Institute, to polish customer service from top to bottom.
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Colts to remain with Jim Irsay after divorce

November 21, 2013
 IBJ Staff
Jim and Meg Irsay announced on Thursday that they had mutually agreed to end their 33-year marriage, and that Jim would maintain 100-percent ownership of the Indianapolis Colts, estimated to be worth $1.2 billion.
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NCAA sues Electronic Arts over athlete lawsuit settlement

November 20, 2013
Bloomberg News
The National Collegiate Athletic Association sued Electronic Arts Inc., saying the video-game maker hasn’t agreed to indemnify the NCAA for legal claims by college athletes and hasn’t maintained insurance to do so.
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Proposed GM plan reserves space for soccer stadiumRestricted Content

November 9, 2013
Anthony Schoettle
One of the players vying to redevelop the former General Motors metal-stamping plant has set aside room in his plans for a roughly 10,000-seat stadium where his own North American Soccer League franchise could play.
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Pacers hire sports writer, exec Bill Benner as senior VP

November 6, 2013
Jeff Newman
The Longtime Indianapolis sports journalist and executive has left the Horizon League to join Pacers Sports & Entertainment as senior vice president of corporate, community and public relations.
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Racing home: Fast-growing trade show returns to IndyRestricted Content

November 2, 2013
Anthony Schoettle
The upcoming Performance Racing Industry Show—in its first year back in Indianapolis since 2004—is beating expectations for exhibitors, attendees and, most important, visitor spending.
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NCAA loses bid to dismiss ex-athletes’ antitrust claims

October 27, 2013
Bloomberg News
The National Collegiate Athletic Association lost a bid to dismiss antitrust claims in a lawsuit brought by ex-student athletes over the use of their images and likenesses on television and in video games.
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Ritzier hotels may lure top events, but year-round demand unclear

October 26, 2013
Anthony Schoettle
Indianapolis lacks a five-star hotel, a fact some hospitality experts think could hurt the city’s chances of landing the 2018 Super Bowl. But there’s no consensus on whether the city should go more upscale.
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Foreclosure suit tests HDG Mansur on a new frontRestricted Content

October 26, 2013
Greg Andrews
HGCC Lender LLC this month filed a $4.8 million foreclosure suit and asked a court to appoint a receiver for Hamilton Proper's 279-acre Hawthorns Golf & Country Club.
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National runners-up come up winners in grad rates

October 24, 2013
Associated Press
Of the 10 teams that reached the BCS football championship game and the men's and women's basketball Final Four, only one finished with a graduation rate lower than 70 percent in the NCAA's latest report.
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Colts' victory over Broncos reaps ratings bonanza in Indianapolis

October 21, 2013
 IBJ Staff
At one point, about 80 percent of the households in Indy watching TV Sunday night were tuned to Peyton Manning's spoiled homecoming.
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IUPUI seeks financial help to overhaul NatatoriumRestricted Content

October 19, 2013
Anthony Schoettle
Indiana University officials are seeking $17 million to $20 million to upgrade the Natatorium on the IUPUI campus and are considering turning day-to-day operations of the aquatics venue over to a third party.
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Manning brings his own economy when Broncos play

October 17, 2013
Bloomberg News
When Peyton Manning plays, ticket prices double on the secondary market and more people watch the game on television. He has as much influence with consumers as Bill Gates and actor Tom Hanks, a celebrity marketing expert says.
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Fox59 sportscaster Johnson leaving for new job

October 14, 2013
Chris O'Malley
WXIN-TV Fox59 waved goodbye this weekend to Jeremiah Johnson, who has covered sports at the Indianapolis station for nine years.
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Pacers land IEDC as court sponsorRestricted Content

October 12, 2013
Anthony Schoettle
The Indiana Pacers have brokered a deal with an unusual sponsor—the Indiana Economic Development Corp.—to become the first of 30 National Basketball Association teams to sell courtside ads emblazoned on the hardwood.
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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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